A reading above 50 indicates expansion, while a reading below reflects contraction.

The PMI for China's non-manufacturing sector moderated to 54.9, down 1.4 percentage points from March.

China should guard against the rise in international iron ore prices, as it has the potential to erode its hard-won economic recovery.

According to Luo, under the current pricing mechanism, iron ore prices are to a large extent determined by the producers rather than market forces.

Tariffs on exports of products such as ferrosilicon, ferrochromium, and high-purity pig iron will be raised temporarily to a rate of 25 percent, 20 percent, and 15 percent, respectively.

Tariffs on exports of products such as ferrosilicon, ferrochromium, and high-purity pig iron will be raised temporarily to a rate of 25 percent, 20 percent, and 15 percent, respectively.

Tariffs on exports of products such as ferrosilicon, ferrochromium, and high-purity pig iron will be raised temporarily to a rate of 25 percent, 20 percent, and 15 percent, respectively.

Producers in Meghalaya continue to deal with irregular power supply.